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Re: Bearmove post# 138359

Thursday, 08/07/2003 9:45:49 AM

Thursday, August 07, 2003 9:45:49 AM

Post# of 704041
WHT which is greatly undervalued...
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G'morning Bear,
Greatly undervalued?
Sure, if you look at their 'works in progress' production
potential for 2005 and beyond.....

While having supreme confidence in CEO Telfer and his operations wiz Denny Bergen, I'm more than a little concerned with the continued dilution of their stock.

I wonder what they're going to use the C$100 Million for?
It is my understanding that their recent dilution to finalize the Baja de la Alumbrera acquisition covered the start up costs as well.

It'll be interesting to see how the market feels about this.

Dan

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